{"id":399575,"date":"2020-12-15T06:03:08","date_gmt":"2020-12-15T11:03:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=399575"},"modified":"2020-12-15T06:03:08","modified_gmt":"2020-12-15T11:03:08","slug":"tipalti-selects-acuant-for-transaction-monitoring-automation-resulting-in-immediate-roi","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tipalti-selects-acuant-for-transaction-monitoring-automation-resulting-in-immediate-roi\/","title":{"rendered":"Tipalti Selects Acuant for Transaction Monitoring Automation Resulting in Immediate ROI"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">LOS ANGELES, Dec.  15, 2020  (GLOBE NEWSWIRE) &#8212; <strong>\u202f<\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=o-ZogqOLfvqPIijgCgjMCICOFblr2bQ_XGxl_VVrBagnw7FquLz7G1MqpjA81fcFt4QJ5IezJmm8q3DZ08om0g==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>Acuant<\/u><\/a>, a leading global provider of identity verification solutions, today announced its partnership with <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JtCgxnjcJ5wtAga_tOVyh4yvTS-2HBet2JAmhBW7nuHO9d0Vj3Zs4NTfYsaVcM7NGjOfuyuhSCqDk8kjLBjV_w==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>Tipalti<\/u><\/a>, the leading global payables automation platform, to automate critical services in payment and transaction monitoring while meeting their ongoing business, security and compliance needs in a time of record company and transaction growth.<\/p>\n<p>Tipalti, having recently achieved double unicorn status, has seen a surge in transaction volume up 80% from one year ago and has surpassed $12 billion in annual transaction volume in 2020. Due to the pandemic and the need for businesses to move to more electronic payments, Tipalti is seeing more business from companies growing faster (due to remote transactions) and from organizations needing to improve financial controls around payables in a remote work environment.<\/p>\n<p>Tipalti vetted multiple potential vendors to address the need to securely handle their growing volume of transactions efficiently and ultimately chose Acuant for its robust, flexible, user-friendly, and customizable platform that stood out amongst industry competitors.<\/p>\n<p>Tipalti helps thousands of organizations pay over 4 million suppliers weekly, which results in tens of thousands of transactions being processed. Due to this growth of online payments, having to screen every transaction at such volume across a diverse range of clients was demanding. Prior to its partnership with Acuant, many of Tipalti\u2019s critical business functions were time-consuming and required extensive financial reporting, which slowed down operations. Acuant\u2019s secure and automated transaction monitoring system provided an immediate, significant cost savings and exceeded the intended ROI.<\/p>\n<p>\u201cAcuant understood our need for automation and handled our quickly scaling business with secure and user-friendly technology,\u201d said Manish Vrishaketu, Chief Customer and Operating Officer at Tipalti. \u201cThey listened to our requirements and delivered a product that exceeded our expectations in operating more efficiently while meeting our customers\u2019 compliance needs.\u201d<\/p>\n<p>\u201cWe were very pleased to be the standout choice for Tipalti when it came to solving their problem, and we are excited for their growth and our continued relationship to fight fraud together,\u201d said Yossi Zekri, President and CEO at Acuant.<\/p>\n<p>\n        <strong>About Acuant<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=o-ZogqOLfvqPIijgCgjMCF2op5pWx1HNRLYcwYg77xrRKSKNSL1bqpjkQaluc-X43l6N5Px_8CCm5D8dbekrZg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Acuant&#8217;s<\/a><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nhbj37_62jwXrc48eeJbfyecVlzfkfjv7F4NT9ueQ_gfR6FdocIcTNTlcW7DoQfYiqcFmAFfotbpSAQrDn8al1_pHnea_pc4wGa5mGSwnwM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Trusted Identity Platform\u00a0<\/a>powers trust for all industries with automated\u00a0identity\u00a0verification, regulatory compliance\u00a0(AML\/KYC)\u00a0and digital identity solutions. Omnichannel deployment offers\u00a0seamless customer experiences to\u00a0fight fraud and\u00a0establish trust\u00a0from any location\u00a0in seconds. Patented technology is powered by AI to deliver unparalleled results and efficiency in\u00a0real time. With\u00a0leading partners in every\u00a0major\u00a0industry\u00a0and\u00a0completing\u00a0more than\u00a01billion transactions in over 200 countries and territories,\u00a0Acuant\u00a0is the leader in global coverage.<\/p>\n<p>\n        <strong>About Tipalti<\/strong><br \/>\n        <br \/>Tipalti provides one comprehensive, global payables automation solution that automates all manual supplier payment processes. Its commitment to being customer-first has culminated in an industry-leading 98% customer retention rate with trusted brands including Amazon Twitch, Amplitude, Roku, Duolingo, Gitlab, Medium, ClassPass, Toast, Automattic, Twitter, Business Insider, GoDaddy, Zola, Noom, Roblox, Headspace, Fiverr, Vimeo, Stack Overflow, ZipRecruiter, AppLovin, Canva, and Foursquare.<\/p>\n<p>\n        <strong>Contact<\/strong><br \/>\n        <br \/>Malini Gujral<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=bh6ZbaQk4BiwaVv7vPIqxUTvNI4lWV64DzupIhd-cry3sUM8tLb-88MnIKI7mXWbGVSwMLiKO3MzwDd4rQeecjBGwjzKgOvAwKqRUwuncOU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">marketing@acuant.com<\/a><\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMTg5OSMzODgwNTIxIzUwMDA3NTQ5NQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/cc6237d0-9fa2-4fb8-9f78-6fe6ebce072b\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LOS ANGELES, Dec. 15, 2020 (GLOBE NEWSWIRE) &#8212; \u202fAcuant, a leading global provider of identity verification solutions, today announced its partnership with Tipalti, the leading global payables automation platform, to automate critical services in payment and transaction monitoring while meeting their ongoing business, security and compliance needs in a time of record company and transaction growth. Tipalti, having recently achieved double unicorn status, has seen a surge in transaction volume up 80% from one year ago and has surpassed $12 billion in annual transaction volume in 2020. Due to the pandemic and the need for businesses to move to more electronic payments, Tipalti is seeing more business from companies growing faster (due to remote transactions) and from organizations needing to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tipalti-selects-acuant-for-transaction-monitoring-automation-resulting-in-immediate-roi\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Tipalti Selects Acuant for Transaction Monitoring Automation Resulting in Immediate ROI&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-399575","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tipalti Selects Acuant for Transaction Monitoring Automation Resulting in Immediate ROI - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tipalti-selects-acuant-for-transaction-monitoring-automation-resulting-in-immediate-roi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tipalti Selects Acuant for Transaction Monitoring Automation Resulting in Immediate ROI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LOS ANGELES, Dec. 15, 2020 (GLOBE NEWSWIRE) &#8212; \u202fAcuant, a leading global provider of identity verification solutions, today announced its partnership with Tipalti, the leading global payables automation platform, to automate critical services in payment and transaction monitoring while meeting their ongoing business, security and compliance needs in a time of record company and transaction growth. Tipalti, having recently achieved double unicorn status, has seen a surge in transaction volume up 80% from one year ago and has surpassed $12 billion in annual transaction volume in 2020. Due to the pandemic and the need for businesses to move to more electronic payments, Tipalti is seeing more business from companies growing faster (due to remote transactions) and from organizations needing to &hellip; Continue reading &quot;Tipalti Selects Acuant for Transaction Monitoring Automation Resulting in Immediate ROI&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tipalti-selects-acuant-for-transaction-monitoring-automation-resulting-in-immediate-roi\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-15T11:03:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMTg5OSMzODgwNTIxIzUwMDA3NTQ5NQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tipalti-selects-acuant-for-transaction-monitoring-automation-resulting-in-immediate-roi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tipalti-selects-acuant-for-transaction-monitoring-automation-resulting-in-immediate-roi\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Tipalti Selects Acuant for Transaction Monitoring Automation Resulting in Immediate ROI\",\"datePublished\":\"2020-12-15T11:03:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tipalti-selects-acuant-for-transaction-monitoring-automation-resulting-in-immediate-roi\\\/\"},\"wordCount\":496,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tipalti-selects-acuant-for-transaction-monitoring-automation-resulting-in-immediate-roi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExMTg5OSMzODgwNTIxIzUwMDA3NTQ5NQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tipalti-selects-acuant-for-transaction-monitoring-automation-resulting-in-immediate-roi\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tipalti-selects-acuant-for-transaction-monitoring-automation-resulting-in-immediate-roi\\\/\",\"name\":\"Tipalti Selects Acuant for Transaction Monitoring Automation Resulting in Immediate ROI - 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